Undergraduate Financial Aid

Types of Aid for Undergraduate Students

MassArt participates in a wide variety of federal and state financial aid programs. Your financial aid package may consist of many different types of aid to cover your Cost of Attendance. Please click on the links below for information about each type of aid:

• Grants
  Grants are considered gift aid and do not need to be repaid.
• Scholarships
  Scholarships are considered gift aid and do not need to be repaid.
• Tuition Waivers
  Scholarships are considered gift aid and do not need to be repaid.
• Federal Work-Study
  Federal Work-Study is a need-based work program that enables students to earn wages at MassArt through a variety of job opportunities.
• Student Loan Programs
  Student loans need to be repaid, according to the terms of the lender, as described in each loan program's Master Promissory Note.
• Parent PLUS Loan (for parents of dependent undergraduates)
  Student loans need to be repaid, according to the terms of the lender, as described in each loan program's Master Promissory Note.

The types of aid you receive will depend on whether it is need-based (determined by your demonstrated financial need) or non-need-based (determined by merit or other factors).

Scholarships, grants, and tuition waivers are considered gift aid and do not need to be repaid. Student loans and Parent PLUS loans need to be repaid, according to the terms of the lender, as described in the online entrance counseling session (required for Federal Stafford Loan borrowers) and in each loan program's Master Promissory Note.

If the aid/loans a student has been offered are not enough to assist the student in meeting the cost of his/her education, then applying for an alternative student loan may help to fill the additional need.

Applying for financial aid

Prospective students should apply for financial aid at the same time they are applying for admission to the College. Don't wait until you have been admitted to a program to apply! Read more about how to apply for financial aid.

International Students

Please note that only U.S. Citizens and Legal Permanent Residents are eligible to file the FAFSA. However, international students may apply for a private student loan with a creditworthy U.S. Citizen or a non-citizen permanent resident as a co-signer.

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financialaid@massart.edu • P: 617.879.7849 • F: 617.879.7880